U.S., China Keep GM Rolling

By

Jeff Bennett

Updated Feb. 14, 2013 12:24 p.m. ET

DETROIT—General Motors Co. reported a larger fourth-quarter profit and earned money for the third consecutive year in a row as strong results from its North American operations offset wider losses in Europe.

The largest U.S. auto maker by revenue reported a 2012 profit of $6.19 billion, down 33% from $9.19 billion a year ago, as all its operations outside Europe generated profits. Revenue for the full year was up 1% to $152.3...